De Facto Regulators Penalize Reinsurers, Exec Says

NEW YORK--A reinsurance executive criticized rating agencies for requiring underwriters to hold twice as much capital as European regulators require under the forward-thinking changes of Solvency II du

By Susanne Sclafane|June 05, 2008 at 09:58 AM

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NEW YORK–A reinsurance executive criticized rating agencies for requiring underwriters to hold twice as much capital as European regulators require under the forward-thinking changes of Solvency II during a rating agency conference here yesterday.